Equity method : Equity method is the accounting method used for accounting equity investments which claim a significant influence of above 20% but less than 50% in the outstanding stock of the investee company. To indicate : The effect of change of equity method to another method on the investment account

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Chapter 12, Problem 12.19Q

To determine

Equity method: Equity method is the accounting method used for accounting equity investments which claim a significant influence of above 20% but less than 50% in the outstanding stock of the investee company.

To indicate: The effect of change of equity method to another method on the investment account

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